As India prepares for the Union Budget 2026–27, expectations are rising that it will strongly push solar energy. With rising power demand, climate risks, and a net-zero target by 2070, the budget is seen as a key moment to make solar cheaper, scalable, and globally competitive.

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•  Budget 2026–27 seen as major trigger for accelerating solar energy growth
•  Solar crucial amid rising energy demand and frequent extreme climate events
• Fiscal policy can shift energy mix away from fossil fuels
•  Focus expected on domestic solar manufacturing and supply chains
•  Financial incentives needed to cut solar costs further
•  Climate finance gaps remain a key challenge for clean energy expansion
•  Support required for green technologies and innovation
•  Budget may align reforms like GST 2.0 with climate priorities
•  Indian industry needs readiness for EU’s Carbon Border Adjustment Mechanism
•  Decisive action, not incremental steps, needed to meet climate goals